Student Loans

Photo of the US Capitol with a blue sky and a few clouds in the background

Department of Education seeking public feedback for proposed regulations

Newsroom, Department of Education, Latest, Student Loans / By

By Marlene Seeklander The Department of Education is inviting public feedback on several student loan related topics. In a Federal Register Notice dated April 4, 2025, the Department announced its intent to host public hearings and establish negotiated rulemaking committees as well as inviting public feedback on the following topics: Written comments on these and any […]

Department of Education seeking public feedback for proposed regulations Read More »

Female sitting at desk working on laptop computer.

Total and Permanent Disability (TPD) Discharge Transition and updates

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Borrowers seeking a TPD Discharge can now submit forms and track their progress at StudentAid.gov. In an April 7 Electronic Announcement, Federal Student Aid (FSA) announced that the TPD Discharge process has now fully transitioned to FSA as of March 23, 2025 and allows borrowers seeking TPD to submit their TPD forms and

Total and Permanent Disability (TPD) Discharge Transition and updates Read More »

Notebook with Public Service Loan Forgiveness Program, calculator, pens, money

Updates for borrowers seeking PSLF

Newsroom, Latest, Student Loans / By

By Catherine Mueller Although there have been administrative changes and legal challenges in the federal student loan program in the past several months, the Public Service Loan Program (PSLF) remains a benefit for some borrowers. Borrowers currently enrolled in PSLF should continue making payments to ensure progress toward forgiveness. Some borrowers enrolled in PSLF and also

Updates for borrowers seeking PSLF Read More »

Black Graduation cap over stack of coins next to stack of books

Department of Education reopens Income-Driven Repayment Plan and Loan Consolidation Applications for borrowers

Newsroom, Department of Education, Latest, Student Loans / By

By Marlene Seeklander Student loan borrowers wanting to apply for the Income-Drive Repayment Plan or Loan Consolidation can once again do so. A March 26 Press Release from the Department of Education announced that they have reopened the online income-driven (IDR) plan and loan consolidation applications for borrowers. In order to comply with the 8th Circuit

Department of Education reopens Income-Driven Repayment Plan and Loan Consolidation Applications for borrowers Read More »

Stack of papers with different colored binder clips

FY 2022 Draft Cohort Default Rates available

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander Schools can begin reviewing their FY 2022 draft cohort default rate information and prepare for making any necessary appeals. The Department of Education announced the distribution of the FY 2022 draft cohort default rate (CDR) packages on February 24 to all eligible domestic and foreign schools. The information, sent to the SAIG mailbox

FY 2022 Draft Cohort Default Rates available Read More »

Person holding some cash and using a calculator

Reporting of 2024 student loan interest payments by loan servicers

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander It’s that time of the year – tax preparation time – and you may receive questions about the reporting of student loan interest payments. In a recent Electronic Announcement, Federal Student Aid (FSA) outlined general information about the reporting of 2024 student loan interest payments. Borrowers who made federal student loan payments in

Reporting of 2024 student loan interest payments by loan servicers Read More »

Photo of an hourglass on a paper calendar

Important reminders about the Fresh Start initiative

Newsroom, Department of Education, Student Loans / By

By Marlene Seeklander All good things must come to an end, including the Fresh Start initiative. The Fresh Start initiative, which was announced in a Dear College Letter dated August 17, 2022, allowed schools to award Title IV aid to a student who would have otherwise been ineligible due to a prior defaulted loan. This applied

Important reminders about the Fresh Start initiative Read More »

Notebook with Public Service Loan Forgiveness Program, calculator, pens, money

Public Service Loan Forgiveness remains an option for borrowers

Newsroom, Student Loans / By

By Catherine Mueller Although there’s been a lot of controversy and confusion about student loan forgiveness, students should be aware that programs do remain, for which they may be eligible, to have at least part of their loans forgiven. Public Service Loan Forgiveness (PSLF) is a federal program which is, perhaps, available to the most borrowers.

Public Service Loan Forgiveness remains an option for borrowers Read More »

Photo of the US Capitol with a blue sky and a few clouds in the background

FY 2021 national default rate briefing released

Newsroom, Department of Education, Latest, Student Loans / By

By Marlene Seeklander Impacted by the pandemic pause on student loan repayments, the national student loan default rate remains at 0% for the second year in a row. The Department of Education (ED) released their FY 2021 national default briefing and, as expected, the FY 2021 cohort default rates were affected by the pause on

FY 2021 national default rate briefing released Read More »

Scroll to Top